PPT Armature a.d. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was RSD 18.89 million compared to RSD 20.91 million a year ago. Revenue was RSD 1,632.93 million compared to RSD 1,273.44 million a year ago.

Net income was RSD 31.5 million compared to RSD 63 million a year ago. Basic earnings per share was RSD 51 compared to RSD 101 a year ago.